• Mon, 15 Jul 2019, 06:06 PM
  • All times are UTC
  • Edition:
Copy link
Increase text size
Decrease text size
Link copied

Accenture to ink blockchain traveler ID deal with Canada, Netherlands, others: Report

“Accenture Building City View Plaza San Jose” by Michael Gray is licensed under CC BY 2.0

Wed, 19 Jun 2019, 03:15 am UTC

Global accounting giant Accenture will reportedly sign a formal agreement with Canada, the Netherlands, and other groups to utilize blockchain in identifying travelers, Cointelegraph reported citing the company’s managing director of capital markets David Treat.

Speaking at the Synchronize Europe conference in London, Treat revealed the initiative will see the Canadian and Dutch governments, Air France-KLM, Air Canada, and several airports work together under the new collaboration.

Treat will approve the deal, called “Known Traveler Digital Identity,” which aims to customize the encounters of passengers using biometric information, in around 2 weeks’ time. The blockchain-based ID can enable travelers to notify customs authorities of their biometrics and trip itinerary in advance.

If I’m able to take my user-controlled identity, decide that I actually want to share, so that I can get hyper-personalized service. I want to share aspects of my preferences, my identity with those players [...] in my journey, can I get a better service?” he explained during the conference presentation in London on June 18.

The project initially surfaced in mid-2018 around the World Economic Forum, with officials underscoring the need to facilitate travelers’ data.

Even in the financial industry, banks are starting to adopt blockchain technology to authenticate important documents. Just recently, Warsaw-based Alior Bank is utilizing the public Ethereum blockchain to verify the integrity of the documents of clients.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $10,478.90 (-0.77%)
  • Ethereum (ETH) $228.24 (-3.98%)
  • XRP (XRP) $0.315500 (+0.49%)
  • Litecoin (LTC) $90.56 (+0.14%)
  • Bitcoin Cash (BCH) $310.39 (+0.12%)
  • Bitcoin (BTC) $10,478.90 (-0.77%)
Jul 15, 2019 (Monday)
Crypto Technicals: XRP/USD extends weakness below 200-DMA, on track to test trendline support at 0.28
Draft of India’s cryptocurrency ban bill surfaces online
Shinhan Card patents blockchain-based system with credit card functionality
IOTA, MOBI, SAP, Deutsche Telekom and others join Convergence Alliance focused blockchain, AI, IoT
Crypto Technicals: LTC/USD pauses downside at 84 handle, bias still bearish
Crypto Technicals: BTC/USD holds support at 55-EMA (9854), break below will see further weakness
Enterprise blockchain firm R3 eyes IPO: Report
Bank of Thailand reviews blockchain applications in multiple areas
PayFast to stop accepting Bitcoin as payment method due to high fees, slow process time
U.S. lawmakers seek to prevent big tech companies from offering cryptocurrencies
Georgia VAT-exempts cryptocurrencies
Bitpoint Japan finds part of stolen cryptocurrency
South Korean companies team up to build blockchain-based identification system
Jul 12, 2019 (Friday)
Litecoin becomes official cryptocurrency of American football team Miami Dolphins
Crypto Technicals: Ripple breaks below 200-DMA, opens up further downside
Japanese cryptocurrency exchange Bitpoint loses $32M to hackers
US Election Commission to approve Congressional candidate's Ethereum token giveaway plans
HSBC reduces transaction time by 12 Days using Voltron blockchain platform
Amazon, Deloitte, Fidelity support IDEO CoLab's free blockchain accelerator program
Turkey considers developing central bank digital currency
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.